What is a Short Sale?

Leave a comment

This video describes a short sale, a real estate transaction where the bank will accept less than what is owed to them when a home is sold. Agents who hold the Certified Distressed Property Expert (CDPE) designation are trained to help homeowners navigate alternatives to foreclosure, and can provide answers to the many questions surrounding America’s foreclosure crisis.

Advertisements

Daly City And San Bruno Real Estate Customers Feedback

Leave a comment

“Due to several unforeseen circumstances we were not able to afford our condo while moving forward with personal and financial goals. From the previous painful and costly experience we had with a real estate agent when buying our home we wanted to make sure we had the BEST agent possible. We  contacted several so called short sale specialist agents who really did not understand our situation or circumstance.

San Bruno

San Bruno

Moving forward with one of these agents was not an option as we knew we needed an expert to handle the sale of our home. Then we contacted NoreleenDeMesa short sale experts. Not only did Noreleen have the expertise in short sales but she was also knowledgeable about our slightly complicated situation having experience with FHA mortgages and a very difficult lender Flagstar Bank. Noreleen made the process very clear and understandable from the start. But, most importantly, she believed that we could find a solution to our under water home. After presenting all the facts for our case it was clear that the decision to short sale our home was our only hope at moving forward in our lives. As promised, Noreleen worked diligently at closing the sale in only 4 short months. I truly believe this is a record with Flagstar Bank when it usually takes well over a year to complete a short sale with this lender. This, in and of itself, proves Noreleen DeMesa is truly SUPERSTAR! She knew exactly how to price our home, list the home, select a buyer and recognized when and who to get involved with the lender. We can actually say, from our perspective, this transaction was flawless. We really can’t express how much we appreciate the timely closing of the short sale of our condo and the benefit of being able to utilize the Mortgage Forgiveness Debt Relief Act. The sale of our condo has given us the gift of being able to move forward with our goals while not having the financial burden of our severely under water home.  NoreleenDeMesa gave us our hope back and we are actively pursuing the most important goal of an international move. Prior to the sale of our home this was only a dream. So, if you are considering a short sale or any other option for a distressed property do yourself a favor and call Noreleen immediately. Seriously, she is the BEST and the only regret we have is that we didn’t contact her sooner.” (Sara and Michael, South San Francisco)

Noreleen C. de Mesa

(415) 816-0048 phone
(415) 520-5483 fax